Fx Primus Rebates

Dollar Climbs After Better-than-expected U.S. Retail Sales Data

The U.S. dollar strengthened against its key counterparts in the European session on Friday, after a data showed that nation’s retail sales grew more than forecast in November. Data from the Commerce Department showed that the retail sales edged up by 0.2 percent in November after spiking by an upwardly revised 1.1 percent in October.…

Fx Primus Rebates

Eurozone Private Sector Growth Lowest In Over 4 Years

Eurozone private sector grew at the slowest pace in more than four years during December, suggesting that the 19-nation economy is set to end this year with a whimper. The flash Composite purchasing managers’ index, or PMI, which combines manufacturing and services, fell to a 49-month low of 51.3 from 52.7 in November, survey data…

Fx Primus Rebates

Oil Futures End Sharply Lower On Demand Growth Concerns

Crude oil prices fell sharply on Friday as worries about global economic growth increased after the latest batch of data from China showed a slower pace of growth in industrial production and retail sales. Also, disappointing economic data from the eurozone and the European Central Bank President Mario Draghi’s warning on Thursday that the “balance…